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financial services

Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows, the proportion of UK SMEs suffering from the chronic issue of late payments is rising - according to the latest...

#financial services#Paid#payment terms

PrimeRevenue expands leadership team

PrimeRevenue, Inc. – the platform for working capital finance solutions – has announced the appointment of a new Executive Vice…

#financial services#international#management


Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security


More security in coordination centres

Many corporations established service companies for the financial management of their global subsidiaries in the 1980s and 1990s. The purpose…

#financial services#international#management


AFC Russia gains new member

MDM Bank has joined The Association of Factoring Companies Russia as a full member. It has been working in the…

#bank#banking services#banks


Diluting City regulation

A deputy governor of the Bank of England has warned against watering down financial services regulation to boost short-term growth,…

#bank#Bank of England#financial services


Bibby provides SME funding boost

Bibby Financial Services (BFS) has developed relationships with 130 SMEs since establishing itself in Birmingham towards the end of 2014…

#banks#financial services#funding


Barclays Africa opens Supply Chain challenge

Barclays Africa Group Ltd (Barclays Africa) have launched the Barclays Africa Supply Chain Challenge – the first of several initiatives…

#blockchain#blockchain technology#digital


Payment discipline of Czech firms improves says Bibby

The payment discipline of Czech companies has improved, as invoices financed via factoring were paid after 72.1 days on average…

#economy#exporters#financial services


DFSA grants DS-Concept a Category-2 License

DS-Concept Intelligent Trade Finance Limited (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority…

#exporters#financial services#international


Simon Featherstone to leave Bibby Financial Services

Bibby Financial Services announces that Simon Featherstone is to step down as global chief executive (more…)

#asset based finance#financial services#i


Bibby Financial Services funds US car giant

Global car-care company Turtle Wax has secured a GBP6m funding agreement that will allow it to organise a European and…

#financial services#funding#invoice

Bibby Line Group chairman appointed CBI President

Paul Drechsler CBE, chairman of Bibby Line Group (the parent of Bibby Financial Services) succeeds Sir Mike Rake to become…

#British business#financial services#funding

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